Ethereum saw a small 1.7% price increase today as the coin reached the $395 level.The cryptocurrency has struggled to break above $398 for the past four days.Against Bitcoin, Ethereum continues to remain supported at the 0.0326 BTC support.ETH/USD: Bulls Halted By $398 ResistanceKey Support Levels: $380, $370, $350.Key Resistance Levels: $400, $408, $430.Ethereum had surged by a total of 65% over the past 30-days of trading, which allowed the coin to reach as high as $408 last week. It had...
Read More »Millennials and Institutions are Pushing the Bitcoin Space Forward
Bitcoin and cryptocurrency continue to make serious headway, and according to one source, the reason for this is purely because people have become more intrigued by what crypto can do.Bitcoin Is the Choice of Young Traders EverywhereThe interest is primarily driven by millennials and institutional players. Millennials have long been a strong audience for crypto for several reasons. For one thing, many members of younger generations grew up during financially unstable times such as the Great...
Read More »Ripple Price Analysis: XRP Plans Next Move Following Consolidation At $0.30?
XRP saw a small 2% price rise today as it reached $0.295.The coin dropped by a total of 3.4% over the past week after it reached the $0.313 level.Against Bitcoin, XRP found support today at 2435 SAT (200-days EMA and .382 Fib Retracement).XRP/USD: XRP Bulls Find Support At .236 Fib RetracementKey Support Levels: $0.286, $0.264, $0.245.Key Resistance Levels: $0.3, $0.313, $0.321.At the start of August, XRP surged into the resistance at $0.321 provided by the bearish .886 Fib Retracement. More...
Read More »Bitcoin Price Analysis: Failure To Break $12,100 Can Result In Massive Plunge
Bitcoin price continues to breathe the highs, as the coin is currently trading slightly below $12K, following a few days of consolidation between $11,600 and $11,800.However, over the recent hours, we saw Bitcoin’s second attempt to breach the $12,100 resistance, which is the 2020 high from a week ago (August 2nd).Despite a decent price surge, Bitcoin couldn’t hold more than several hours above the $12K prefix and tumbled to $11,500 before recovering slightly, as of writing these lines.The...
Read More »Chasing Bitcoin: YFI Surpasses $6000 Following Binance Listing
The DeFi boom continues with full force as the total value locked approaches $5 billion. Interestingly enough, a relatively young cryptocurrency has turned into the poster child of yield farming – YFI, the governance token of yearn.finance.Launched just a few weeks ago, YFI is currently the second-most expensive token on the market, valued upwards of $6,000. Its growth rate is nothing short of impressive, and community members are already wondering if it would be able to catch up and even...
Read More »Dai Supply Hits Record $400 Million on DeFi Momentum
Demand for stablecoins has surged this year, mainly on the back of the DeFi sector, which has seen countless crypto earning opportunities arise. MakerDAO’s stablecoin, Dai, has just reached a milestone $400 million supply following the minting of a further $10 million.This 10 million DAI mint brings the total DAI supply to over 400 million ? https://t.co/5yH4a464B8— Anthony Sassano | sassal.eth ?? (@sassal0x) August 10, 2020Surging Dai DemandSince the beginning of July, Dai market...
Read More »#943 Massive TV Kampagne für BTC, Ethereum und Ripple & Die gestohlene Bitcoin Revolution
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 943. Heute sprechen wir über folgende Themen: Massive TV Kampagne für Bitcoin, Ethereum und Ripple (XRP) gestartet & Die gestohlene Bitcoin Revolution. 1.) Massive TV Kampagne für Bitcoin, Ethereum und Ripple (XRP) gestartethttps://www.crypto-news-flash.com/de/massive-tv-kampagne-fuer-bitcoin-ethereum-und-ripple-xrp-gestartet/ 2.) Bitcoin’s Stolen Revolutionhttps://www.coindesk.com/bitcoins-stolen-revolution...
Read More »Ripple Price Analysis: Rally Could Resume If It Clears $0.30
Ripple price started a downside correction from the $0.3250 resistance zone against the US dollar.The price corrected lower, but it is holding the main $0.2800 support zone.There is a key declining channel forming with resistance near $0.2990 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.3000 and $0.3020 resistance levels.Ripple price is trading in a positive zone above $0.2800 against the US Dollar. XRP...
Read More »Bitcoin Welcomes $12,000 As Market Cap Gains $9 Billion Today
Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high.Bitcoin Tries $12KAfter the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750 in a few hourly candles before surging to $12,050.It has retraced slightly since then and is currently hovering just below the $12,000 mark. So far,...
Read More »The Happy Story of How One Man Got His $300K in Bitcoin Back
Bitcoin has a lot going for it, which is why there are many traders out there that would likely feel the hurt if they ever lost their coins or couldn’t gain access to them. For one person, that pain has become a thing of the past thanks to the help of a rather savvy computer expert.Bitcoin Can Be Lost for GoodWhile roughly 18 million of 21 million bitcoin units have been mined over the past 12 years, it is estimated that there are far less in circulation given how many units have been lost or...
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